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    Exam 11: Behind the Supply Curve: Inputs and Costs
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    Use the Following to Answer Questions
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Use the Following to Answer Questions

Question 211

Question 211

Multiple Choice

Use the following to answer questions: Use the following to answer questions:   -(Table: Costs of Birthday Cakes)  Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average total cost of 2 cakes? A)  $35.00 B)  $25.00 C)  $17.50 D)  $12.50
-(Table: Costs of Birthday Cakes) Look at the table Costs of Birthday Cakes. Assume that fixed costs are $10. What is the average total cost of 2 cakes?


A) $35.00
B) $25.00
C) $17.50
D) $12.50

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